IoT IO-Link is the first standardised IO technology worldwide for the communication with sensors and also actuators. The powerful point-to-point communication is based on the long established 3-wire sensor and actuator connection without additional requirements regarding the cable material. So, IO-Link is no fieldbus but the further development of the existing, tried-and-tested connection technology for sensors and actuators.
This report contains market size and forecasts of IoT IO-Link Solutions in Global, including the following market information:
Global IoT IO-Link Solutions Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global IoT IO-Link Solutions market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
IO-Link Master Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IoT IO-Link Solutions include Hans Turck, Siemens, Ifm Group, ABB, Bosch Rexforth, Baumer Group, ASIX Electronics, Rockwell Automation and Texas Instruments, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT IO-Link Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT IO-Link Solutions Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global IoT IO-Link Solutions Market Segment Percentages, by Type, 2021 (%)
IO-Link Master
IO-Link Sensors
Others
Global IoT IO-Link Solutions Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global IoT IO-Link Solutions Market Segment Percentages, by Application, 2021 (%)
Aerospace
Electronics and Semiconductors
Auto Industry
Medical Treatment
Others
Global IoT IO-Link Solutions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global IoT IO-Link Solutions Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT IO-Link Solutions revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies IoT IO-Link Solutions revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hans Turck
Siemens
Ifm Group
ABB
Bosch Rexforth
Baumer Group
ASIX Electronics
Rockwell Automation
Texas Instruments
Balluff
Keyence
NXP
Panasonic
Nanotec
Murrelektronik
SICK
Afag
BD Sensors
Belden
Weidmüller
Omron
Parker Hannifin
Wenglor
Beckhoff
Carlo Gavazzi
Datalogic
MESCO
AkuSense
Onsoon
Sentinel